• Home
  • Topics
  • How COVID-19 is impacting commercial sports contracts

How COVID-19 is impacting commercial sports contracts

How COVID-19 is impacting commercial sports contracts
Wednesday, 07 October 2020 By Chris Bond

With the coronavirus having a profound impact on world sport and its commercial revenue streams, we have spoken to leading sports lawyers, all of whom are members of LawInSport’s Editorial Board, to find out how contract negotiations are being approached and how contracts are being adapted to cater for the ‘new normal’ in their respective jurisdictions.

The responses provide an insight into the differences and similarities around the world and the main areas being affected.  The broad takeaway is that despite some confusion surrounding the application of force majeure clauses[1], the majority of disputes have been resolved amicably and contracts successfully modified where necessary, with parties prioritising the preservation of long-term relationships over short-term pain. New contracts meanwhile are being “corona-proofed” with explicit force majeure language, clear directions on what happens if future events are postponed or cancelled, and additional flexibility in related clauses.

To continue reading or watching login or register here

Already a member? Sign in

Get access to all of the expert analysis and commentary at LawInSport including articles, webinars, conference videos and podcast transcripts.  Find out more here.

Related Articles

Written by

Chris Bond

Chris Bond

LinkedIn

Chris is the Editor at LawInSport, and takes responsibility for the review of content in conjunction with the Editorial Board. Prior to joining LawInSport, Chris graduated from Nottingham University, and trained and worked as a litigation lawyer at King & Wood & Mallesons SJ Berwin.

  • This email address is being protected from spambots. You need JavaScript enabled to view it.

Leave a comment

Please login to leave a comment.

Courses

Legal Advisors


Copyright © LawInSport Limited 2010 - 2022. These pages contain general information only. Nothing in these pages constitutes legal advice. You should consult a suitably qualified lawyer on any specific legal problem or matter. The information provided here was accurate as of the day it was posted; however, the law may have changed since that date. This information is not intended to be, and should not be used as, a substitute for taking legal advice in any specific situation. LawInSport is not responsible for any actions taken or not taken on the basis of this information. Please refer to the full terms and conditions on our website.